<div id="readability-page-1"><p>12:25 PM EST, 12/22/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:</p><p>We raise our price target by $6 to $28, based on a 9x 2026 EV/EBITDA multiple (up from 8x) applied to our EBITDA estimate and within shares' 8x-10x one-year trading range. We are raising our multiple to reflect increased optimism on net yield growth in 2026. We thought recent November quarter results from Carnival Corp (CCL 32 ****) alleviated investor concerns over a significant slowdown in pricing and demonstrated stronger forward bookings commentary than we expected. In our view, the results lacked evidence of demand deterioration or significant promotional activity, suggesting healthy industry-wide demand trends. We keep our estimates for 2025 at $2.18 (above the $2.10 consensus estimate) and 2026 at $2.79 (above the $2.65 consensus), reflecting our view of resilient demand, capacity expansion, and cost management efforts. While we remain mindful of potential macroeconomic headwinds, current industry fundamentals support our constructive view.</p> <p>MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</p></div>

挪威郵輪

<p>CFRA 對挪威郵輪控股有限公司維持買入評級，將目標價上調 6 美元至 28 美元，原因是對 2026 年淨收益增長的樂觀預期。分析師指出，儘管可能面臨宏觀經濟逆風，但強勁的未來預訂和韌性的需求依然存在。2025 年和 2026 年的預估高於市場共識，反映出產能擴張和成本管理的努力</p>

研究警報：CFRA 維持對挪威郵輪控股有限公司股票的買入評級